A tracked onchain wallet has opened a 23x leveraged short position on ether worth $100.33 million via Hyperliquid, with the trade facing automatic liquidation if ETH climbs just $41 from its entry price.
Wallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid.
The position liquidates if ETH reaches $2,149.84, less than 2% above the ~$2,109 entry price.
Hyperliquid processed over $176B in 30-day trading volume as nine-figure leveraged bets have also intensified over the same time period.
Wallet address 0x50b3 opened a 23x leveraged short on 47,604 ether ( ETH) at an implied entry price of approximately $2,109, putting $100.33 million in notional exposure on the line against ethereum’s price. The liquidation price is set at $2,149.84, meaning the position faces a forced close if ETH rises just $41, a move of less than 2% from the entry point.
